At the Google Cloud Next conference in Las Vegas, Google announced its next-generation AI processing chip, Ironwood, and the AI model Gemini 2.5 Flash. The event showcased numerous AI startups leveraging Google Cloud, including Cursor, valued at $10 billion, and Hebbia, which raised $130 million for its legal AI solutions. Other notable mentions were Magic, Physical Intelligence, and Synthesia, all securing significant funding and partnerships. Google aims to strengthen its position against competitors like Microsoft Azure and AWS by attracting these rising stars to its cloud platform.